tomo logo

$10,800,000

Beds
5
Baths
8.0
sq ft
8,320

5939 East Quartz Mountain Road, Paradise Valley, AZ 85253

5939 East Quartz Mountain Road

Paradise Valley, AZ 85253

  • 175 days on market
    • Price drop $1,000,000↓
Modern Mediterranean architecture w/ spectacular city light & mountain views! Serenely & intimately perched on the prestigious north slope of Mummy Mtn, the 5600 sf main house was recently completed w/ the best construction methods including 15'' thick steel & concrete walls, floor to ceiling walls of glass supported by steel I-beams & interior wall insulation. Design finishes include stone floors, wood beams, quarried stone accents, a reclaimed trough sink, marble & quartz slabs at the kitchen & baths, home automation wiring & high-end lighting throughout. The floorplan is ideal for empty-nesters or seasonal owners w/ an updated full guest casita below the main house...perfect for a visiting family or caregiver. The abundant mature landscaping is as captivating as the incredible view!

Details

Property type

Single Family Residence

Est. home value

$1,881,776

Lot size

1.14 acres

Price per sq ft

$1,299

Year built

2024

Annual property taxes

$15,626

Price History

09/12/2024
ArizonaRegional

ArizonaRegional #6702883

Price change
$10,800,000
-8.47%
05/28/2024
ArizonaRegional

ArizonaRegional #6702883

Listed
$11,800,000
-0.84%
05/09/2024
ArizonaRegional

ArizonaRegional #6629682

Removed
$11,900,000

Schools & Community

Elementary school: 

Kiva Elementary School

Middle school: 

Chaparral High School

High school: 

Chaparral High School

High school district: 

Scottsdale Unified District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Rflf 4 Llc

Loan start date

September 2022

Original loan amount

$2,995,000

Est. remaining balance

Not provided

Interest rate

5.51%

Loan type

Commercial, 1 year

Seller

Ram Development Company

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/19/2024 at 6:15 AM

Listing updated: 11/02/2024 at 5:40 PM

Listed by: Grant Almquist, Russ Lyon Sotheby's International Realty Phone #: (480) 287-5200

MLS: ArizonaRegional #6702883

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